Genting Singapore (Genting Singapore) Long-Term Capital Lease Obligation : $1 Mil (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Genting Singapore Long-Term Capital Lease Obligation?

Genting Singapore's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1 Mil.

Genting Singapore's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 ($2 Mil) to Jun. 2023 ($1 Mil) but then increased from Jun. 2023 ($1 Mil) to Dec. 2023 ($1 Mil).

Genting Singapore's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($4 Mil) to Dec. 2022 ($2 Mil) and declined from Dec. 2022 ($2 Mil) to Dec. 2023 ($1 Mil).

Genting Singapore Long-Term Capital Lease Obligation Historical Data

The historical data trend for Genting Singapore's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Genting Singapore Long-Term Capital Lease Obligation Chart

Genting Singapore Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

7.28

5.11

4.05

1.68

0.97

Genting Singapore Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															4.05	2.77	1.68	0.86	0.97

Genting Singapore (OTCPK:GIGNY) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Genting Singapore Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Genting Singapore's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Genting Singapore (Genting Singapore) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Genting Singapore Ltd (OTCPK:GIGNY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

GIGNF:USA G13:Singapore 36T:Germany

Address

10 Sentosa Gateway, Resorts World Sentosa, Singapore, SGP, 098270

Website

https://www.gentingsingapore.com

Genting Singapore is engaged in the development and operation of integrated resort destinations, including gaming, hospitality, meetings, and leisure and entertainment facilities. It owns Resorts World Sentosa in Singapore, one of the leading integrated resort destinations in Asia, which offers a casino, Adventure Cove Waterpark, S.E.A. Aquarium, Universal Studios Singapore theme park, facilities for meetings, incentives, conventions, and exhibitions, hotels, Michelin-starred restaurants, and specialty retail outlets.